First Turn Management, LLC Diversified Active

Location: Del Mar, CA

CIK: 0001993440 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 6, 2024

Total Value: $668M (100.0% shares, 0.0% debt)

Holdings (34)

— SHOCKWAVE MED INC 4.8%

Value $31.95M Shares 98,111 Est. Cost $246.49 Unrealized —

ARGX ARGENX SE 4.7%

Value $31.49M Shares 79,978 Est. Cost $380.43 Unrealized —

CYTK CYTOKINETICS INC 4.5%

Value $30.17M Shares 430,349 Est. Cost $36.21 Unrealized +113.6%

XENE XENON PHARMACEUTICALS INC 4.4%

Value $29.29M Shares 680,389 Est. Cost $35.33 Unrealized +30.2%

SRPT SAREPTA THERAPEUTICS INC 4.3%

Value $28.71M Shares 221,748 Est. Cost $98.07 Unrealized +24.9%

AXSM AXSOME THERAPEUTICS INC 4.1%

Value $27.31M Shares 342,173 Est. Cost $69.19 Unrealized +21.3%

DXCM DEXCOM INC 4.0%

Value $26.76M Shares 192,932 Est. Cost $102.16 Unrealized +23.0%

IMCR IMMUNOCORE HLDGS PLC 3.8%

Value $25.65M Shares 394,674 Est. Cost $67.89 Unrealized —

APGE APOGEE THERAPEUTICS INC 3.8%

Value $25.24M Shares 379,803 Est. Cost $43.66 Unrealized 0.0%

VRTX VERTEX PHARMACEUTICALS INC 3.7%

Value $24.59M Shares 58,832 Est. Cost $369.42 Unrealized +14.4%

MIRM MIRUM PHARMACEUTICALS INC 3.6%

Value $24.08M Shares 958,654 Est. Cost $29.91 Unrealized -8.1%

BHVN BIOHAVEN LTD 3.5%

Value $23.64M Shares 432,342 Est. Cost $31.10 Unrealized +59.2%

KRYS KRYSTAL BIOTECH INC 3.5%

Value $23.28M Shares 130,850 Est. Cost $110.89 Unrealized +25.3%

ASND ASCENDIS PHARMA A/S 3.4%

Value $22.92M Shares 151,587 Est. Cost $125.95 Unrealized —

TMDX TRANSMEDICS GROUP INC 3.3%

Value $21.99M Shares 297,377 Est. Cost $60.33 Unrealized +36.6%

DAWN DAY ONE BIOPHARMACEUTICALS I 3.3%

Value $21.78M Shares 1,318,207 Est. Cost $12.12 Unrealized +23.5%

NUVL NUVALENT INC 3.0%

Value $19.97M Shares 265,897 Est. Cost $62.55 Unrealized +27.2%

IONS IONIS PHARMACEUTICALS INC 2.7%

Value $18.27M Shares 421,487 Est. Cost $47.86 Unrealized -0.4%

PCVX VAXCYTE INC 2.7%

Value $17.78M Shares 260,281 Est. Cost $51.94 Unrealized +33.3%

SYRE SPYRE THERAPEUTICS INC 2.6%

Value $17.62M Shares 464,435 Est. Cost $28.97 Unrealized 0.0%

IDYA IDEAYA BIOSCIENCES INC 2.6%

Value $17.45M Shares 397,782 Est. Cost $30.36 Unrealized +41.6%

IMVT IMMUNOVANT INC 2.5%

Value $16.57M Shares 512,893 Est. Cost $36.80 Unrealized -0.9%

IRON DISC MEDICINE INC 2.4%

Value $15.73M Shares 252,673 Est. Cost $56.35 Unrealized +15.1%

— VERONA PHARMA PLC 2.3%

Value $15.66M Shares 973,130 Est. Cost $19.88 Unrealized —

ORIC ORIC PHARMACEUTICALS INC 2.3%

Value $15.09M Shares 1,097,571 Est. Cost $11.88 Unrealized 0.0%

— INTRA-CELLULAR THERAPIES INC 2.1%

Value $14.3M Shares 206,707 Est. Cost $71.62 Unrealized —

KALV KALVISTA PHARMACEUTICALS INC 2.1%

Value $13.99M Shares 1,179,420 Est. Cost $13.33 Unrealized 0.0%

ATEC ALPHATEC HLDGS INC 2.0%

Value $13.66M Shares 990,618 Est. Cost $14.83 Unrealized 0.0%

LEGN LEGEND BIOTECH CORP 1.9%

Value $12.8M Shares 228,251 Est. Cost $60.17 Unrealized —

EYPT EYEPOINT PHARMACEUTICALS INC 1.8%

Value $12.1M Shares 585,447 Est. Cost $17.40 Unrealized +42.3%

VKTX VIKING THERAPEUTICS INC 1.6%

Value $10.5M Shares 128,064 Est. Cost $44.50 Unrealized 0.0%

RCKT ROCKET PHARMACEUTICALS INC 1.0%

Value $6.758M Shares 250,870 Est. Cost $28.41 Unrealized 0.0%

TYRA TYRA BIOSCIENCES INC 0.9%

Value $6.252M Shares 381,210 Est. Cost $16.40 Unrealized 0.0%

VERA VERA THERAPEUTICS INC 0.8%

Value $5.099M Shares 118,260 Est. Cost $35.64 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SHOCKWAVE MED INC	98,111	$31.95M	4.8%	$246.49	—	COM	82489T104
ARGX	ARGENX SE	79,978	$31.49M	4.7%	$380.43	—	SPONSORED ADR	04016X101
CYTK	CYTOKINETICS INC	430,349	$30.17M	4.5%	$36.21	+113.6%	COM NEW	23282W605
XENE	XENON PHARMACEUTICALS INC	680,389	$29.29M	4.4%	$35.33	+30.2%	COM	98420N105
SRPT	SAREPTA THERAPEUTICS INC	221,748	$28.71M	4.3%	$98.07	+24.9%	COM	803607100
AXSM	AXSOME THERAPEUTICS INC	342,173	$27.31M	4.1%	$69.19	+21.3%	COM	05464T104
DXCM	DEXCOM INC	192,932	$26.76M	4.0%	$102.16	+23.0%	COM	252131107
IMCR	IMMUNOCORE HLDGS PLC	394,674	$25.65M	3.8%	$67.89	—	ADS	45258D105
APGE	APOGEE THERAPEUTICS INC	379,803	$25.24M	3.8%	$43.66	0.0%	COM	03770N101
VRTX	VERTEX PHARMACEUTICALS INC	58,832	$24.59M	3.7%	$369.42	+14.4%	COM	92532F100
MIRM	MIRUM PHARMACEUTICALS INC	958,654	$24.08M	3.6%	$29.91	-8.1%	COM	604749101
BHVN	BIOHAVEN LTD	432,342	$23.64M	3.5%	$31.10	+59.2%	COM	G1110E107
KRYS	KRYSTAL BIOTECH INC	130,850	$23.28M	3.5%	$110.89	+25.3%	COM	501147102
ASND	ASCENDIS PHARMA A/S	151,587	$22.92M	3.4%	$125.95	—	SPONSORED ADR	04351P101
TMDX	TRANSMEDICS GROUP INC	297,377	$21.99M	3.3%	$60.33	+36.6%	COM	89377M109
DAWN	DAY ONE BIOPHARMACEUTICALS I	1,318,207	$21.78M	3.3%	$12.12	+23.5%	COM	23954D109
NUVL	NUVALENT INC	265,897	$19.97M	3.0%	$62.55	+27.2%	COM	670703107
IONS	IONIS PHARMACEUTICALS INC	421,487	$18.27M	2.7%	$47.86	-0.4%	COM	462222100
PCVX	VAXCYTE INC	260,281	$17.78M	2.7%	$51.94	+33.3%	COM	92243G108
SYRE	SPYRE THERAPEUTICS INC	464,435	$17.62M	2.6%	$28.97	0.0%	COM NEW	00773J202
IDYA	IDEAYA BIOSCIENCES INC	397,782	$17.45M	2.6%	$30.36	+41.6%	COM	45166A102
IMVT	IMMUNOVANT INC	512,893	$16.57M	2.5%	$36.80	-0.9%	COM	45258J102
IRON	DISC MEDICINE INC	252,673	$15.73M	2.4%	$56.35	+15.1%	COM	254604101
—	VERONA PHARMA PLC	973,130	$15.66M	2.3%	$19.88	—	SPONSORED ADS	925050106
ORIC	ORIC PHARMACEUTICALS INC	1,097,571	$15.09M	2.3%	$11.88	0.0%	COM	68622P109
—	INTRA-CELLULAR THERAPIES INC	206,707	$14.3M	2.1%	$71.62	—	COM	46116X101
KALV	KALVISTA PHARMACEUTICALS INC	1,179,420	$13.99M	2.1%	$13.33	0.0%	COM	483497103
ATEC	ALPHATEC HLDGS INC	990,618	$13.66M	2.0%	$14.83	0.0%	COM NEW	02081G201
LEGN	LEGEND BIOTECH CORP	228,251	$12.8M	1.9%	$60.17	—	SPONSORED ADS	52490G102
EYPT	EYEPOINT PHARMACEUTICALS INC	585,447	$12.1M	1.8%	$17.40	+42.3%	COM NEW	30233G209
VKTX	VIKING THERAPEUTICS INC	128,064	$10.5M	1.6%	$44.50	0.0%	COM	92686J106
RCKT	ROCKET PHARMACEUTICALS INC	250,870	$6.758M	1.0%	$28.41	0.0%	COM	77313F106
TYRA	TYRA BIOSCIENCES INC	381,210	$6.252M	0.9%	$16.40	0.0%	COM	90240B106
VERA	VERA THERAPEUTICS INC	118,260	$5.099M	0.8%	$35.64	0.0%	CL A	92337R101